L.A. Gear, Inc
Article Abstract:
L.A. Gear Inc faces refusal from Trefoil Capital Investors in its intended lower price sale of one million shares. L.A. had earlier revealed its inability to pay the dividends it owes Trefoil which resulted in the latter's moves to expand its L.A.investments in Sep 1991. The default increases Trefoil's right to increase its L.A. common shares and grants them the privilege of electing a majority of the company's directors. The investment group has paid off all of its debts but does not expect profits for this year pending the completion of its major inventory reduction program.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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American Water Works Company, Inc
Article Abstract:
American Water Works Company Inc gets much of its earnings from the revenues it generates from its operating companies. The company is expecting an increase in revenue levels due to the scheduled increase granted to nine of its 21 companies. It also expects added revenues of $44million pending the rate applications of seven other companies. However, the company's stocks have not improved although CFO James J. Barr bought an additional 13,800 shares.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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